TRON / Bitcoinלונג
TRX - Break out possibility
As i'm writing this, it looks as if TRX 2.47% is gaining in volume (+6000BTC in one hour) and is already starting a bigger upward move then it has in the past 2 days.
Look at how tight the Bollinger bands are compressed up, and we're right at the bottom of our downward wedge .
We could quite easily stay moving sideways for a couple days, there no doubt that whales are helping keep price down.
First target is 1039 sats at 50% fib, lets see if it can hold here then progress further upwards of 1200 possibly spiking at 50% fib and hopefully holding back around our 50% fib.
I also remind you that there's a press conference being live streamed from China and started 5 minutes ago.
What do you guys think? Always great to hear other opinions or anything you think I may have done wrong.
Look at how tight the Bollinger bands are compressed up, and we're right at the bottom of our downward wedge .
We could quite easily stay moving sideways for a couple days, there no doubt that whales are helping keep price down.
First target is 1039 sats at 50% fib, lets see if it can hold here then progress further upwards of 1200 possibly spiking at 50% fib and hopefully holding back around our 50% fib.
I also remind you that there's a press conference being live streamed from China and started 5 minutes ago.
What do you guys think? Always great to hear other opinions or anything you think I may have done wrong.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.